These can be a very powerful secure part of your portfolio. 

This includes the vast majority of residential landlords who own their rental property as sole proprietors (who individually own their properties), limited liability companies (LLCs), and partnerships.

If a tenant repaints walls with neutral, nice colors and does a good job, without damage to the house, more power to them because it saves me a paint job.

But I read the deed and it says if anything happens to the property I give him the money from my insurance company and he’s the power attorney of my property until it’s paid off.

The months for building are limited.

I have two questions.1)  How do I maintain limited liability on rentals if they are in my personal name?  

It may limit you on you choices of where of the type of place you want to live depending on the market.Sfh and townhomes also give you a great opportunity to learn to be a landlord without having tenants knocking on you door.

And when mixed with the power of compounding, real wealth can be generated from a relatively modest investment.The real return on real estate is not always easy to see, which is perhaps why investors do not pursue it as actively as investments in equities or fixed-income instruments.

If you had nothing to do with it then the punishment (if any) will likely be limited to the PM.

What limits do you carry?